PE-Backed UnisLink Acquires RCM Provider HST
UnisLink has announced its acquisition of Healthcare Support Technologies (HST), a revenue cycle management (RCM) solutions provider based in New Brighton, Pennsylvania. HST provides medical billing, credentialing and medical coding services to independent physician practices, federally qualified health centers, rural health clinics and regional health systems across the United States. UnisLink, a portfolio company of Boston-based private equity firm Riverside Partners, is a national leader in revenue cycle and population health management services for independent physician practices. HST strengthens UnisLink’s position as a comprehensive provider of RCM solutions and expands the... Read More »
Billed Right Acquires Custom Billing Services of Ohio
Billed Right announced on June 20 its recent expansion through the acquisition of Custom Billing Services of Ohio Inc. This strategic move represents a significant milestone for Billed Right as it reinforces its position as a premier player in the revenue cycle management (RCM) industry while broadening its reach across the nation. Custom Billing Services of Ohio is a North Canton, Ohio-based medical billing company. The company was established in 1999. Founded in 2006, Billed Right is a Florida-based company providing leading and innovative expertise in RCM solutions and operational management for healthcare organizations of all specialties. The acquisition of Custom Billing Services of... Read More »
MiCare Path Announces Acquisition of SmarTrac
MiCare Path is expanding across markets in need of musculoskeletal solutions by acquiring SmarTrac, the only “smart” patient compliance sensor on the market today, from OnTracMD. SmarTrac enables physicians, therapists, nurse case managers and adjustors to monitor critical elements of a home exercise program including compliance, therapy progress and outcome data. SmarTrac is FDA registered. MiCare Path has developed a reimbursable integrated mobile health platform designed to promote clinical efficiencies for patient experience. The company’s platform builds a connection with patients, guides on wellness, tracks patients’ clinical scores, activity levels and weight... Read More »
Australian Pharmaceutical Industries Acquires InstantScripts
Australian Pharmaceutical Industries (API), a wholly-owned subsidiary of Wesfarmers Limited since March 2022, is buying local telehealth business InstantScripts for A$135 million ($91 million). InstantScripts will become part of the Wesfarmers Health division, which has increased its focus on digital health since it formed in March 2022. Founded in 2018, InstantScripts is an online health clinic offering a range of digital services, including telehealth consultations, online prescriptions, medical certificates, blood test requests, health management plans and specialist referrals. The company also operates InstantCosmetics, which provides prescribing services and offers injectable products... Read More »
Thirty Madison Acquires Assets of The Pill Club
New York-based Thirty Madison, Inc. announced on June 14 that it purchased assets of The Pill Club for $32.3 million. This transaction follows The Pill Club’s Chapter 11 bankruptcy filing in April 2023 after the company faced Medicaid charges in California. The Pill Club is an online birth control and women’s health company that helps women access birth control and reproductive education. It was founded in 2016 in San Mateo, California. Thirty Madison is a premier healthcare company for people living with chronic conditions. In June 2021, it raised more than $210 million in Series C round funding led by investor HealthQuest Capital. Investors also included Mousse Partners,... Read More »Schedule a demo
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